I need to dig into the paper's methodology myself, but a similar situation struck me as possible for the high income areas that show low gains.
For example, say you grow up rich in the Bay Area. Then move to the midwest for work. Your household income in the Bay growing up might have been 300k. Then in Minneapolis, MN you and your husband earn 200k total.
You're standard of living has stayed the same or even increased, even though your household income has gone down by 33%.
For example, say you grow up rich in the Bay Area. Then move to the midwest for work. Your household income in the Bay growing up might have been 300k. Then in Minneapolis, MN you and your husband earn 200k total.
You're standard of living has stayed the same or even increased, even though your household income has gone down by 33%.